03/01/2013 05:46:30 PM EST
Insurers' Claims Trimmed In $35M Arena Bond Row
Posted by
Law360: Securities
A Canadian entrepreneur scored a partial victory Friday as an Arizona federal judge sliced half the claims from a consolidated suit led by Allstate Life Insurance Co. and Wells Fargo Bank NA over losses from a $35 million bond offering to finance a 5,000-seat arena.
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